Vladimir Potanin, president of Interros, has sent a proposal to Rusal chairman Viktor Vekselberg to start negotiations on buying of Norilsk Nickel shares owned by the aluminium company. Vladimir Potanin is ready to head a pool of investors which may include on board Interros, Norilsk Nickel Pension Fund, MMC itself, as well as a number of Russian and western financial investors. In the address to Mr. Vekselberg the sum of $9 bn is presented as a market price of the above-mentioned shares.

Interros believes that the publicity campaign waged by the United Company Rusal during the past few months against the shareholders, management and independent directors of OJSC MMC Norilsk Nickel (Norilsk) is unjustified and aimed solely at furthering the interests of Rusal.

Interros nominates the following candidates to the Board of Directors of Norilsk Nickel for the EGM on October 21: Boris Bakal, Andrey Bougrov, Oleg Deripaska, Marianna Zakharova, Andrey Klishas, Dmitry Kostoev, Bradford Alan Mills, Oleg Pivovarchuk, Maxim Sokov, Vladislav Soloviev, Vladimir Strzhalkovsky, Vasily Titov, John Gerard Holden. Thus Interros reaffirms, that it is satisfied with the results of the AGM of Norilsk Nickel on June 28, and sees no sense in reelecting the Board.

On September 12, 2010, the Presidential Palace in Nicosia hosted the Fourth Cyprus-Russia Charity Gala. All proceeds went to Radiomarathon Foundation for Children with Special Needs. During the Gala, the president of the Republic of Cyprus Mr. Demetris Christofias awarded Vladimir Potanin with the Golden Olive Branch state diploma in gratitude for his profound and ongoing contribution to the development of cultural relations and the strengthening of the existing friendly relations between Cyprus and Russia.

August 2, 2010 vice-president and chairman of the Interros board Andrey Klishas is appointed to the position of the president of Norilsk Nickel. As the presidentAndrey Klishas will be responsible for the development and implementation of the corporate strategy of the company, improvement of corporate governance, and for the activities aimed at the growth of MMC market capitalization. Furthermore, the president will oversee any potential merger & acquisition transactions.